1121 S Westgate Ave - Residential LAND FOR SALE


Los Angeles, CA 90049- West Los Angeles6,900 SF
$2,900,000 USD
818-212-2748
1121 S Westgate Ave, Los Angeles, CA for Sale
$2,900,000 USD
Residential LAND - FOR SALE
1/23
6,900 SF

1121 S Westgate Ave
Los Angeles, CA 90049
West Los Angeles


HIGHLIGHTS

  • Rare RTI Development in Brentwood
  • Prime Westside Location
  • Efficient, By-Right Design
  • Zoning Flexibility & Density Potential
  • Strong Demographics & Demand Drivers

OVERVIEW

Situated between Kiowa Avenue and Goshen Avenue, this offering includes two contiguous parcels totaling approximately 6,900 square feet of land, zoned [Q]R3-1. With limited R3 and R4 development sites remaining in Brentwood, this property represents a unique chance for developers to deliver much-needed multifamily housing in a supply-constrained, highbarrier-to-entry submarket. The site is currently vacant, with previous structures fully demolished. The Seller has submitted plans for a by-right, fourstory, eight-unit apartment project with one level of subterranean parking. The project is Ready to Issue (RTI), providing immediate development potential and a shortened path to construction. Plans include a mix of spacious one- and two-bedroom units, with no affordable housing requirement. The subterranean garage will offer 15 parking spaces along with dedicated long- and short-term bicycle parking. The proposed design includes ±12,225 SF across four stories, though buyers may explore greater density or alternative unit mixes with the City.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/ACRE

$18,307,826/AC

PRICE/SF

$420 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

8 Unit RTI Development | Brentwood

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units, Hold for Development

LAND ACRES

0.16 AC

LAND SF

6,900 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

QR3-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Filip NiculeteMarcus & MillichapMore Info
818-212-2748

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Filip NiculeteMarcus & MillichapMore Info
818-212-2748

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.